Released on: July 10, 2008, 12:42 am

Press Release Author: Nazra Nabi

Industry: Financial

Press Release Summary: Pension Practitioner.com has been launched by a team of
pension experts who specialise in structuring and administering small schemes for
business and entrepreneurs.

Press Release Body: One of London\'s leading team of pension practitioners have
announced the launch of http://www.pensionpractitioner.com a website dedicated to
offering advice to businesses and entrepreneurs on how to best manage their finances
via SSAS pension schemes.

Small Self-Administered Scheme commonly referred to as SSAS is a type of pension
scheme that has proved popular in recent years as an effective investment scheme. A
small self-administered scheme (SSAS) is an occupational pension scheme set up under
trust with fewer than 12 members. The popularity of SSAS is because of the
investment powers and greater control they offer.

http://www.pensionpractitioner.com is an H.M.R.C authorised provider that can assist
businesses and entrepreneurs with setting up SSAS schemes. The company offer end to
end administration of SSAS schemes of any scale. Administration of the SSAS scheme
by an authorised provider is necessary in order to qualify for the tax relief from
HMRC. There is significant tax planning opportunities for the company when making
contributions to a SSAS. The contributions the company makes to the SSAS are relived
for tax in the accounting year they are paid and this applied to both regular and
single contributions as long as these payments are within maximum funding rules.
Most SSAS arrangements will allow income drawdown of benefits as long as they comply
with various rules.

Pension scheme regulations in UK have changed from 6 April 2006 and new regulations
on benefits apply to registered pension schemes, including SSAS. The website
provides up to date information on SSAS regulations in addition to offering complete
set-up and administration service for schemes. In addition to offering tax
benefits, SSAS offers control over capital invested in the scheme. Income withdrawal
is available either through the purchase of a series of short term annuities or as
income withdrawal direct from the scheme, or a combination of the two.

You can pay money from your business, personally or a third party can pay into your
SSAS. Scheme administrators from http://www.pensionpractitioner.com can help you
work out the amount of tax relief you will get on payments made into the scheme. The
website will soon be offering a new range of online tools and online application and
set up currently being developed by http://www.kronikmedia.co.uk, the London based
Software Development Company


Web Site: http://www.pensionpractitioner.com

Contact Details: 33-35 Daws Lane
London
NW7 4SD

e-Mail:info@kronikmedia.co.uk

Tel: +44(0) 0800 634 4862